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Mobile Payment Company Sues Home Depot, Claims Patent Infringement

March 11, 2013

San Jose, Calif.-based mobile payment company PayOne filed a patent infringement lawsuit against Home Depot, Inc. in California, claiming that Home Depot’s deployment and use of PayPal’s in-store checkout infringes on multiple PayOne patents including the use of a mobile phone number and a PIN to complete the checkout process and payment at point of sale.

According to a press release on PayOne's website, the company “seeks unspecified damages and a court-ordered injunction against future infringement by Home Depot.” A complete list and copy of PayOne’s patents can be found here.

“Since 2000, PayOne has invested significant time and money developing its proprietary mobile payment technologies designed to simplify the checkout process and the PayOne systems have been deployed by digital merchants across the globe,” said Joe Lynam, president and CEO of PayOne. “The ‘mobile wallet wars’ have moved beyond the digital world into point of sale, but now face adoption challenges and substantial friction with consumer setup requirements, security concerns and lack of merchant required NFC infrastructure.”

Home Depot said in a statement it had not yet seen a copy of the suit and respects other companies’ intellectual property.